2 Buys From a Trio of Tech Stocks Poised to Move: Zynga Inc (ZNGA), 3D Systems Corporation (DDD)

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Investors should expect 3D-printing companies to continue to highly volatile. The recent drop benefited many bearish investors, as put option volumes increased over the last 45 days. With revenue of $101.6 million missing consensus by $2.26 million, the recent decline in shares could give an entry point for investors who missed the run-up.

Chart Source: Yahoo Finance

Bottom Line

Zynga, Universal Display, and 3D Systems Corporation are all poised to continue to trade with high volatility in the short-term. Upside, at first, appears likely for these companies, but Zynga and Universal Display look like the better choices at this time. There is no doubt that 3D printing will continue to grow, but there are no near-term catalysts that support a higher share price. Conversely, Zynga Inc (NASDAQ:ZNGA)’s disciplined cost-cutting and focus in entering real-money gambling are good for enhancing shareholder value. Universal Display will interest investors who believe the revolution in OLED television will begin in 2014. In the short-term, announcements from mobile makers using OLED displays will help nudge Universal Display Corporation (NASDAQ:PANL) shares upwards.

The article 2 Buys From a Trio of Tech Stocks Poised to Move originally appeared on Fool.com and is written by Chris Lau.

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